Archive for the ‘Penny Stock Spam’ Category

Recently, I wrote about Social Media Ventures stock being off 30% under a heavy e-mail promotion.  We decided to revisit this story and see how things have developed.  After our article, the stock declined a mere 99.7% roughly speaking.  And is currently trading for a fraction of a penny per share.  But don’t let the low price tag suggest the price is low.  This company does not report financial statements so we have no way of knowing how many shares are currently outstanding and if this reflects a good value.  Read on and we will show you what we can see.

It seems there business may not be doing so well either.  In addition to their stock hitting the bricks, it appears as if their websites aren’t performing well either.  According to Alexa, traffic on their flagship Pet site is off 30% for the month.  Alexa is a media tracking service that is a division of amazon.com.

Maybe Ahead of the bulls was able to sell their 200,000 shares they were paid to recommend this stock before it fell apart?   If that is the case, at least we know somebody is making money.

Last year, I have already talked about Mammoth Energy Group, Inc. (MMTE.PK) which is the developer of  shallow gas projects in the northeast of Oklahoma. It was included in the Penny Stock Promoters. However, this time the company is being listed in a different category. Starting from January 10th till January 12th, the bad guys started spamming boxes of investors. They send 131 emails to them. However, Mammoth Energy  has not yet responded to inquiries concerning spam promoting the company. Let’s wait and see what is going to happen.

First of all, I hope everyone had great celebration of Christmas! Wish all the best in the New Year!

But it’s time to get back to work. Let’s talk about Newron Sport (NSPT.PK) today. It is a progressive company that is focused on the distribution of patented inline skates made with hi-tech materials and innovative ideas. The current production of this revolutionary inline skate system has no present competition. After the company announced that it entered into the agreement with Europe, nothing more important happened, except for 27th and 28th of December, when some sources announced that people under the name of Newron Sport stated sending the spam messages promoting to purchase the company’s stocks. For this reason, everyone is advised to be careful about the company. Keep out of the troubles, guys, it’s Christmas time after all.

I want to introduce some additional information on the company. The spam campaign extended to the 29 December as well. And now it can be stated that there were 108 spam emails sent. Nice number, eh?

Direct View Technology Group, Inc. (DVWG.PK) operates as a video communication and technology company. Through its subsidiary, DirectView Video Technologies, Inc., the company provides video, audio, multipoint videoconferencing, data, and Internet protocol videoconferencing services to businesses and organizations worldwide. I am not really sure whether this was just a coincidence, or the company joined our Penny Stock Spam category. On the 11th December, one spam letter was sent to someone. I am not sure who is this villian to have started this campaign but I hope to find that out very soon. By the way, Direct View Technology Group, Inc. hasn’t answered to the inquiries about the stock spam. So the only advice for now is to be careful with this company.

Symposium Productions Corporation (SYPJ.PK) acquires companies within the independent mobile, media and technology sector and the burgeoning mobile and entertainment markets to effectively streamline business operations. The company has recently announced that it has entered into an acquisition agreement to purchase Halo HD Limited. After that some investors were shocked because they got emails promoting the stock pf the company. On 20-21 November, 16 emails were sent. For this reason, everyone should be very careful if they are aiming to start investment in this company.